5 Cryptocurrency Scams and How You Can Protect Yourself

Cryptocurrency Scams

These are some of the most common cryptocurrency scams people fall for.

Most of these are scams common sense and can be boiled down to:

  • Never share your seed phrase with anyone
  • Trust no one and verify everything.
  • Don’t believe anything you read on the internet.
  • Use good passwords and a 2-Factor authentication app
  • Get a hardware wallet

When using Bitcoin and crypto you are responsible for your own funds.

Any transacions you send are irreversable and non refundable.

You need to be very careful online. Even the most educated internet security professionals can fall for any of these cryptocurrency scams.

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How to Add Referral Code in Shakepay AFTER Signing Up

If you have already signed up to Shakepay and just found out about the referral code bonus and the Shaking Sats rewards they offer — you can add a referral code 30 days after sign-up.

To add Shakepay referral code after sign up:

  1. Go to: shakepay.com/add-referral
  2. Add your referral code
    Need a Shakepay referral code? Use: FM8INVL
How to Add Referral Code in Shakepay AFTER Signing Up

It may take up to 24 hours for the $5 referral bonus to be added to your account.

You need to deposit at least $100 to claim the bonus.

These prices and promos can change at any time

How to Buy Ethereum (ETH) in Canada

Buy Ethereum Canada

Buying and selling digital assets like Bitcoin and Ethereum all require similar processes, security, and personal responsibility to best secure your cryptocurrency. Convert ETH to CAD.

How You Can Buy Ethereum in Canada

  1. Set up a Canadian crypto exchange account
  2. Set up an Ethereum wallet
  3. Buy & send Ethereum from exchange to your wallet

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How to Buy Bitcoin on Shakepay and Send it to Your Wallet

Simple step-by-step guide for beginners on how to buy Bitcoin on Shakepay and send it to your wallet.

Shakepay to Exodus Wallet

I want this post to show beginners a simple click-by-click, screen-by-screen what to expect, and some best practices to follow when buying Bitcoin on Shakepay and sending it to your wallet.

You can use any wallet you like, I just chose Exodus wallet randomly for this example.

Sending and receiving crypto transactions all work in a similar way on all exchanges and wallets: send to a receive address.

After you have sent and received a few cryptocurrency transactions it becomes as easy as sending and receiving text messages.

The steps in this guide are similar on all crypto exchanges and wallets. Get a $20 sign-up bonus when you sign up to Shakepay.

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Newton Crypto Review

Newton Crypto Review

Newton has some of the lowest spread fees, a large selection of altcoins, and a simple UI design that is very easy to use. It is a safe, regulated, and legit crypto exchange for Canadians. Despite the rough verification process and sometimes spotty customer service — I use Newton as one of my main go-to exchanges.

I am writing this Newton review after using the exchange for about three years now. I have read the good and bad reviews on Reddit/social media — this has been my experience buying and selling crypto on Newton. This Newton review will break down everything you should know before signing up to Newton.

My conclusion: Newton crypto exchange is currently the ‘best all-around exchange’ for a majority of Canadians because of the combination of friendly easy-to-use interface design, low fees, multi-network support, and a large selection of altcoins to trade.

Newton has made several improvements to their platform in the last year. Most notable is a huge increase in positive user ratings on the Android app.

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